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infrastructure in afghanistan. the notion that the $90 million more that we need for the cftc because of the deficit is nonsense. they want to turn the sec into a profit center. you have a catch-22. first denied the sec and the cftc adequate funding. they in turn will not be able to deal with the rulemaking requirements that they have. because they have not been able to move as quickly on the rolls, the rules have to be abolished. that is something they have imposed. you want the sec and the cftc to have smart people and good information technology. this does not come from the financial institutions. got the rules,, you m will run.e the other problem we have is i have been disappointed in the appointments from the obama administration. we knew last august that the comptroller of the currency had to be appointed but they only now come up with tom curry. the failure of pointing -- appointing someone to the cftb. a bank manager was brutally rejected. he was a disrespectful person by the republicans and now they will confirm nobody to the cftb. the purpose was to give them independence an
and afghanistan. not a huge amount of money. by the way, when people wonder why -- what's happening to the s.e.c. and the f.t.c. are exhibits a and before. we would have been much further along. i think you should not hold off on it. i got some cost-benefit analysis on infrastructure in afghanistan and some of the other things that they are for. i think it is a reasonable thing to do. as long as the cost includes, of course, the financial crisis of -- and the lost revenue and jobs and turmoil. that's the cost. the cost is the terrible crisis we had. although -- i notice that alan sloan has come out with a thorough analysis that is going to be printed in "fortune" about how much money we made over the intervention, the combination of the tarp and the federal reserve and made about $100 billion for the federal government. >> [inaudible] just as a related question, you talked about the bailout being over. if -- are we really to believe that -- >> i will not comment on any financial institution. you get to be chairman or you're a ranking member and you have more nevertheless but you have got to
's cuts come from drawing down in afghanistan and in iraq. and while were all like to end these conflicts as soon as we possibly can, and with success, harry reid's saving assuming the cost of the war our endeavor. woman already start to draw down in both of these regions. it's almost like saying that we will save trillions of dollars by promising not to invade canada. it's never going to happen. i can't support any plan that begins with the assumption that we have to raise the debt limit and yet doesn't offer a fundamental restructuring of government spending habits. i won't do it. and while i embrace the principles of cut, cap and balance, the bill simply did not go far enough to fundamentally restructure the way that this city stands the american people's money. and it allowed for an increase in the debt limit, something i simply won't do. i also believe that we must repeal and defund obamnicare as part of any solution to our current debt crisis. by? because obamacare is the largest spending and entitlement program ever passed in our nation's history. and it is widely unpopular with pe
Search Results 0 to 2 of about 3

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